Press releases

This area contains press releases issued by Source.

Since its launch in 2007, Source has received over 200 pieces of media coverage. See our media coverage section for further information.

Oil prices hit consulting work in U.S. energy & resources sector

Growth in energy consulting slows as low oil prices bite Better news for utilities as regulation and technology consulting is in demand Low oil prices had a major impact on consulting to the U.S. energy & resources sector in 2015, with the rate of growth dropping to 5.3 per cent, almost half the rate of the previous year. The sector spent $7.33bn on consulting in 2015. Read more

Benelux consulting market closes in on €2bn landmark

Luxembourg, the smallest market in the region, grew by an impressive 10.1 per cent to €216m The Benelux consulting market moved towards becoming a €2bn industry by growing 4.9 per cent to €1.9bn in 2015. Digitisation, which is becoming a major force across the Benelux region helped technology services grow the fastest - up 6.4 per cent to €701m. Read more

Sweden drives Nordic consulting market growth

Swedish multinationals turn to consultants in response to the ever-growing threat of disruption from start-ups… Despite a challenging economic and political environment, the Nordic consulting market grew by a respectable 3.2 per cent to €2.49billion in 2015. Sweden, the largest consulting market drove much of this growth, increasing 4.9 per cent to €826million. Read more

Digital and cybersecurity drive UK consulting M&A

Big Four firms and Accenture lead the way in buying-in tech… Since 20131, around a third of the 184 mergers & acquisitions in the UK & Ireland’s £6billion consulting sector have been in digital design, analytics and cybersecurity. Read more

Sweden drives Nordic consulting market growth

Market now worth nearly €2.5bn, but impact of low oil prices slows growth in Norway… Despite a challenging economic and political environment, the Nordic consulting market grew by a respectable 3.2 per cent to €2.49billion in 2015. Sweden, the largest consulting market drove much of this growth, increasing 4.9 per cent to €826million. Read more

Digital transformation drives growth in Nordic consulting market

Consulting industry in Denmark grows at 3.3 per cent to €675million… Despite a challenging economic and political environment, the Nordic consulting market grew by a respectable 3.2 per cent to €2.49billion in 2015. Sweden and Denmark, the largest and second largest Nordic consulting markets drove much of this growth. Sweden grew 4.9 per cent to €826million, and Denmark 3.3 per cent to €675million. Read more

GCC consulting market growth slows as all eyes turn to Saudi Arabia

Kingdom turns to consultants to help it deliver urgent reforms… Despite slumping oil prices, the GCC consulting market performed well in 2015, growing 9.4 per cent to $2.7billion. Saudi Arabia, which accounts for almost half of the GCC consulting market, drove much of this growth, expanding 14.8 per cent to $1.25billion. Read more

French consulting market grows three times faster than the economy

Growth boosted by high demand from the financial services sector… The French consulting market grew three times faster than the economy in 2015 - up 3.6 per cent to €4.1billion, making it the best year of growth since the start of the global financial crisis. However, despite this positive growth, consultants acknowledge that the consulting market in France is still fragile. Read more

IBM and Deloitte battle for top spot in thought leadership rankings

The battle at the top of the White Space Thought Leadership Rankings has continued with IBM retaking the lead from Deloitte but the gap between the two firms is very narrow. IBM beats its competitors on resilience - through consistent and insightful use of both primary and secondary research - and in prompting action. However, Deloitte scores better than IBM on both differentiation and appeal. Read more

Rising consumer expectations helps drive retail consulting boom

A new report from Source Global Research (Source) has found that consulting in the UK’s retail industry has grown by 10.5 per cent to £274million, as retailers are being forced to change because of a number of pressure points, including rising customer expectations and the supermarket price wars. Read more

Pharma & biotech consulting booming in the UK

Consulting work in the UK’s pharma & biotech industry has grown by 14.6 per cent to £238 million in 2015 and is expected to grow 16 per cent in 2016 – the fastest rate of any industry this year. Read more

Risk consulting booming in the UK

Risk and regulatory work is the fastest growing consulting service in the UK - breaking the £500million mark for the first time… Helping organisations comply with regulations, address cyber threats, and manage the fall-out from major corporate scandals has led to double-digit growth in risk and regulatory consulting – up 11.8 per cent to £507million in 2015. Read more

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